175p Here We Come14 Oct 2020 19:13
This share price was deliberately walked up from Monday this week when everyone was gunked into believing that a knighthood in the honours list meant good news, contracts and roll outs. Too many jumping the gun, pocketing money and sitting out for this whilst leaving others holding to watch it for the news and fall back.
It was far too quiet behind the scenes for things moving supposedly so fast. It actually looks like the only thing moving fast is some of the Board cashing in their options if I read things correctly.
It should really go back to about 150p which is where it was levelling before the knighthood rally. All part of the joy of investing in companies that need constant cash.
This funding you would expect to come from a partner arrangement so it looks like they have not been able to bag an Astra Zenica or Glaxo, Roche or Pfizer so they are on their own.
Let's see who's quickest to try and preserve their capital in the morning.